FEAR & GREED | Business News New Aussie Ambassador to US; long-term finance worries; Guzman-Uber deal
Jan 25, 2026
A new pick for the US ambassadorship and why it matters for AUKUS and defence. Rising worry among Australians about long-term finances and falling savings. A multi-year Guzman deal with Uber Eats and how delivery is reshaping food sales. Xi Jinping’s shakeup of top military ranks and the implications for China’s leadership.
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Bipartisan Choice For A High-Stakes Post
- Greg Moriarty's appointment as ambassador breaks a 15-year pattern of political picks and wins bipartisan support.
- His defence background and AUKUS knowledge make him suited to manage a sensitive US relationship.
Middle Powers Recalibrate Global Role
- Mark Carney's visit signals middle powers coordinating amid a shifting world order.
- Australia, Canada and others are repositioning as the old US-led order recedes.
Gold Soars As Markets Brace For Rate Moves
- The ASX closed flat while gold hit near US$5,000 an ounce, highlighting safe-haven demand.
- Banks and retailers were weak even as the Aussie dollar rose toward 69 US cents on rate-hike bets.